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BharatPe's FY22 losses swell after change in fair value of compulsory convertible preference shares

In FY21, the company had posted a net loss of ₹1,619.2 crore. Apart from the CCPS cost, the c…

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2 mins read

BharatPe CEO enjoying life with money I raised but fails to grow company, says Ashneer Grover

Despite Delhi High Court's order to restrain from making defamatory statements against the company …

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From BMW bikes to Apple iPads to T20 World Cup in Dubai — BharatPe is trying hard to woo tech talent

BharatPe is looking to grow its technology team by three times, as it plans to launch a slew of pro…

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BharatPe CEO Suhail Sameer to step down, Nalin Negi to take over in the interim

Sameer took over as the CEO of BharatPe in August 2021, a year after being appointed as the comp…

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Ashneer Grover claims Bharatpe's gold loan vertical was his project, calls out CEO for ‘selling lies’

BharatPe’s former founder, managing director and chief executive (CEO) Ashneer Grover has accused t…

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Bhavik Koladiya's stake may become another nightmare for BharatPe

According to sources close to the development, Koladiya is believed to have split his holding be…

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5 mins read

The series of events that led to Ashneer Grover’s resignation from BharatPe

It all started with a leaked audio, where Grover was allegedly heard hurling abuses at a Kotak M…

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Ashneer Grover writes to BharatPe calling out CEO’s behaviour on LinkedIn, demands Rajnish Kumar’s resignation

Ashneer Grover — the former founder, managing director and chief executive officer (CEO) of BharatP…

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1 min read

BharatPe CEO called co-founders over drinks to poison them against me: Ashneer Grover

Former BharatPe co-founder and managing director Ashneer Grover has alleged in his book 'Doglapan' …

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Ashneer Grover slams RBI over recent mandate

Ashneer Grover, who was sacked along with his wife Madhuri Jain Grover by fintech platform BharatPe…

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2 mins read

BharatPe laid off several employees after announcing salary hikes in April

The company has laid off 40 people and while it maintains that it did because they were “underpe…

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3 mins read

BharatPe acquires Payback India from American Express and ICICI Investments Strategic Fund

Payback India - launched in 2010 - is a multi-brand loyalty programme with over 100 million m…

PTI   


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Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes

The March quarter earnings season will begin next week with the results of major information techno…

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2 mins read

Unacademy lays off 600 employees from sales, business and other functions

Edtech firm Unacademy has reportedly laid off 1,000 employees over the last few weeks in order to c…

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OYO is looking to hire over 300 engineers in the next 6 months to clear ‘path to profitability’

OYO claims to be headed for the “path to profitability” by doubling down on its tech and product te…

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Capgemini India, Cognizant and others who are giving salary hikes in times of Coronavirus

A large number of Indian companies are reeling under the Corona-induced lockdown, and hence choosin…

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1 min read

Exclusive: Bharatpe gives 20% hike to its employees in the wake of the coronavirus crisis

Every other day Indian companies are either letting go of their employees or senior management's sa…

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2 mins read

An Indian fintech firm is offering its new hires BMW motorcycles and trips to Dubai so it can beat the IT staffing crunch there

Techies have been in severely short supply over the last two years as India's IT market grows.

Matthew Loh   


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5 mins read

INTERVIEW: MoEngage, which helps companies like Domino's engage with customers, wants an office in New York and 150 techies in India

MoEngage, which helps companies like Dominos engage with their customers, is planning to go big on …

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2 mins read

Paytm Mall set to hire 300 people as it cuts down quarterly losses – shifts operations to Bengaluru

It has also appointed Abhishek Rajan, the head of its travel business as the new COO of Paytm Ma…